Itr Forms News

Money

Income Tax Returns: Exemptions and deductions that are still allowed under new tax regime

Taxpayers are entitled to claim standard deduction of ₹50,000 from salary under the new tax regime. They can also claim deduction under section 80CCCD(2) for employer’s contribution to employee NPS accounts.

2 min read5 Jul 2024
Money

Over 6 crore ITRs filed till 6.30 pm today: Income tax department

The number of ITRs filed has exceeded the number of returns filed last year till July 31

1 min read30 Jul 2023
Money

Income tax return (ITR): How to check IT refund status online

A taxpayer can check status online for income tax refund in 5 steps

2 min read23 Jul 2023
News

ITR filing: Govt not contemplating extension of July 31 deadline, says Revenue secretary Sanjay Malhotra

Revenue Secretary Sanjay Malhotra has urged income tax payers to file their returns before the July 31 deadline, stating that the ministry is not considering an extension

2 min read16 Jul 2023

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